Mind Sharing?

Nifty 50 Pre Open Today may show a bit of a bleak start.

Nifty is at an all-time high and clocked the highest at 18534 levels on Friday and shunned away from the highs a bit.

 

1) Nifty 50 Pre Open Today for 28 November 2022.

Nifty 50 Pre Open Today for 28 November 2022

  1. The all-time highs are a scary level to be in.
  2. Many times the markets reverse all fall drastically by thousands of points.
  3. True colors of Nifty 50 Pre Open Today will show up as SGX Nifty will be a negative push!
  4. We’ve pierced the biggest resistance and moved up, but will we sustain it?
  5. The directional movement has a bit of a sideways move now.

 

2) SGX Nifty Trend for Today on 28th November 2022:

Today on 28th November 2022 SGX Nifty is showing an 80 Points LOWER move at around 7:26 AM when I am writing this article.

SGX Nifty Trend on the Live Chart denotes that the Indian Markets will react NEGATIVE.

So Indian markets especially Nifty Trend Today would have a NEGATIVE start.

 

3) World Market Analysis for 28th Nov 2022:

S&P 500: -1.16 (-0.03%)
NASDAQ: -82.68 (-0.7%)
Dow Jones: 152.96 (+0.45%)
Nikkei: 208.46 (-0.74%)

US markets were mixed on Friday and today Asian markets are negative.

This shows that Asian markets now have the leadership like US did previously to lead.

 

4) Nifty Supports and Resistances:

Nifty Supports: 18432, 18400, 18296,18200

Nifty Resistances: 18534, 18600
GOOD READ: How To Choose The Best Option Strike Price For Landmark Success?

 

5) Nifty 50 Pre Open Today for 28 November 2022 Conclusion.

Nifty 50 Pre Open Today for 28 November 2022

Nifty 50 Pre Open Today for 28 November 2022

  1. We may be at an all-time high.
  2. However Nifty 50 Pre Open Today shows the negativity is drawn from Asian markets.
  3. MACD shows that the momentum is not backing the highs of the market.
  4. Yes, the EMAs are a great source of inspiration, but be very vigilant.
  5. Friday’s closing candle was an outer candle which shows that the market may go really high or may reverse!
  6. The trend line shows the market is heading towards the UP trend again.
  7. Great support is playing its role very well.

The signals are mixed and show a bit of ambiguity. So be vigilant.

Be greedy when others are scared, and Be scared when others are greedy in the market – Mr.Warren Buffett. 

All in all, today Nifty will see some negativity backed by Asian markets.

MUST-READ: Can Day Trading Make You Rich For an Exhilarated Excuse-Free Life?

Considering the trends globally and Technical Analysis Nifty Trend Today will start NEGATIVE and then may move to Positive.

Please let me know your thoughts about today’s Nifty 50 Pre Open Today post in the COMMENTS below.
Follow me on Facebook and Youtube.

Happy Trading and Happy Money Making!

Mind Sharing?